- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Solana on Its Way to Surpassing Ethereum, Top VC Says
By: cryptonews|2025/05/03 21:45:01
0
Share
Alliance DAO's Qiao Wang, seasoned cryptocurrency analyst and co-founder of Messari, shared the statistics of founders applying for funding to his fund in 2022-2025. Ethereum (ETH) is losing its dominance for 30 months in a row — and the community is surprised by the names of some other top popular blockchains. "Momentum favors Solana": Crucial metric highlighted by Qiao Wang When it comes to the number of projects asking for funding in Alliance DAO, Solana-based and Ethereum-based protocols are competing nose-to-nose in 2025. At the same time, Solana's (SOL) metric is getting traction and Ethereum (ETH) might soon lose its supremacy. latest data of startups applying to alliance solana and ethereum r now neck n neck. but momentum favors solana and it looks like soon solana will become the largest ecosystem of founders for the first time pic.twitter.com/2ina3oJz9J Momentum favors Solana (SOL), Qiao Wang says, and the network might very soon become the largest chain for new founders. As per the chart shared by the analyst, in H1, 2025, Ethereum's (ETH) share in the metric dropped below 50% for the first time in history. Solana (SOL) has been increasing its share since late 2022. Post-FTX collapse, Solana (SOL) managed to get rid of the associations with SBF-related products. Targeted by massive criticism, Polkadot (DOT) surprisingly remains in the top 10 by the number of projects applying for funding. Filecoin (FIL), Cosmos (ATOM), BNB Smart Chain (BSC), Bitcoin (BTC), Avalanche (AVAX), Sui (SUI) and Aptos (APT) are also in the elite club. Ethereum (ETH) still controls over half of DeFi TVL, Solana (SOL) sits at 7.77% At the same time, for some metrics, Ethereum (ETH) remains the dominant blockchain amid all programmable networks. For instance, as per the DefiLlama tracker, Ethereum's (ETH) protocols are responsible for over 51.2% of global DeFi TVL. Out of $102 billion in equivalent, the oldest smart contracts network still covers over $52 billion. Solana's TVL is sitting at mediocre 7.77%. Meanwhile, by the number of active addresses, Ethereum (ETH) is lagging behind Solana (SOL), Tron (TRX), and is ready to slip below BNB Smart Chain (BSC).
You may also like
When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?
Stripe and PayPal are shifting from payment tools to AI business infrastructure, competing to become the default engine for AI transactions.
Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary
By the end of 2025, Tether and its competitor Circle had blacklisted around 5700 wallets, involving assets of around $2.5 billion.
Polymarket vs. Kalshi: The Full Meme War Timeline
The topic itself has become a growth engine, and this "flame war" may be their most effective business strategy.
Consensus Check: What Consensus Was Born at the 2026 First Conference?
Just concluded in Hong Kong, Consensus HK 2026 has set the stage for a new narrative this year.
Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?
The Ethereum Foundation once again finds itself at the crossroads of personnel turmoil.
Russian-Ukrainian War Prediction Market Analysis Report
By analyzing transaction patterns, validate the predictive market as a harbinger of truth in the new media order
Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in the Last 24 Hours?
Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
What on earth is the CFTC up to?
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?
How do Synthetic Dollars work? This guide explains their strategies, benefits over traditional stablecoins like USDT, and risks every crypto trader must know.
The Israeli military is hunting a mole on Polymarket
「The suspect's behavior has posed a significant operational risk and will be charged with serious security offenses.」
Q4 $667M Net Loss: Coinbase Earnings Report Foreshadows Challenging 2026 for Crypto Industry?
Coinbase reports $1.8B in total revenue in Q4 2025, with a $667M loss leading to a sharp drop in stock price.
BlackRock Buying UNI, What's the Catch?
DeFi has transitioned from "Experimental Finance" to "Infrastructure Finance."
Lost in Hong Kong
When yesterday's glory becomes today's shackles, only the courage to break free from the shackles can win tomorrow.
Gold Plunges Over 4%, Silver Crashes 11%, Stock Market Plummet Triggers Precious Metals Algorithmic Selling Pressure?
An analysis suggests that metal prices experienced a sudden drop due to a suspected algorithmic trading sell-off, leading some investors to unwind their positions in commodities including gold and silver to access liquidity.
Coinbase and Solana make successive moves, Agent economy to become the next big narrative
The new war around the Agent On-chain Economy has begun.
Aave DAO Wins, But the Game Is Not Over
The Aave community has achieved a milestone victory on the topics of revenue and governance, but key disagreements regarding the boundaries of funding, branding, and power remain unresolved
Coinbase Earnings Call, Latest Developments in Aave Tokenomics Debate, What's Trending in the Global Crypto Community Today?
What Was Trending Among Expats in the Last 24 Hours?
When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?
Stripe and PayPal are shifting from payment tools to AI business infrastructure, competing to become the default engine for AI transactions.
Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary
By the end of 2025, Tether and its competitor Circle had blacklisted around 5700 wallets, involving assets of around $2.5 billion.
Polymarket vs. Kalshi: The Full Meme War Timeline
The topic itself has become a growth engine, and this "flame war" may be their most effective business strategy.
Consensus Check: What Consensus Was Born at the 2026 First Conference?
Just concluded in Hong Kong, Consensus HK 2026 has set the stage for a new narrative this year.
Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?
The Ethereum Foundation once again finds itself at the crossroads of personnel turmoil.
Russian-Ukrainian War Prediction Market Analysis Report
By analyzing transaction patterns, validate the predictive market as a harbinger of truth in the new media order
App